NEWS and REPORTS => Nigerian News => Topic started by: MrVan on Feb 06, 2012, 02:05 PM
Title: Oil may hit $160 amid tension: Kuwait official
Post by: MrVan on Feb 06, 2012, 02:05 PM
Oil prices could soar to as high as $160 a barrel if tension over an Iranian oil embargo persists or in the event of conflict, a top Kuwaiti oil executive said in remarks published on Monday.